Quebecor (TSE:QBR.B – Get Free Report) was downgraded by stock analysts at TD Securities from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday,BayStreet.CA reports. They presently have a C$60.00 price objective on the stock, up from their prior price objective of C$58.00. TD Securities’ price target points to a potential upside of 6.36% from the company’s current price.
Several other research firms also recently weighed in on QBR.B. Scotiabank boosted their target price on shares of Quebecor from C$51.25 to C$54.50 and gave the stock a “sector perform” rating in a research report on Friday. BMO Capital Markets lifted their price objective on shares of Quebecor from C$47.00 to C$53.00 in a research note on Monday, November 10th. Desjardins upped their target price on Quebecor from C$54.00 to C$61.00 and gave the company a “buy” rating in a research report on Friday. National Bank Financial raised their target price on Quebecor from C$54.00 to C$57.00 and gave the stock a “sector perform” rating in a research note on Friday. Finally, Canadian Imperial Bank of Commerce boosted their price target on Quebecor from C$57.00 to C$61.00 and gave the company an “outperform” rating in a research note on Friday. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$58.08.
Read Our Latest Stock Report on Quebecor
Quebecor Stock Up 4.9%
Quebecor (TSE:QBR.B – Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported C$0.99 earnings per share for the quarter. Quebecor had a return on equity of 37.44% and a net margin of 12.99%.The firm had revenue of C$1.55 billion during the quarter.
Quebecor News Roundup
Here are the key news stories impacting Quebecor this week:
- Positive Sentiment: BMO Capital Markets raised its price target to C$60.00 and kept an “Outperform” rating — another institutional upgrade supporting near-term upside. BMO Raise
- Positive Sentiment: Canadian Imperial Bank of Commerce lifted its target to C$61.00 and set an “Outperform” rating — one of several banks increasing targets today. CIBC Raise (BayStreet) CIBC Raise (TickerReport)
- Positive Sentiment: ATB Cormark bumped its target to C$63.00 and kept an “Outperform” call — the most bullish target among the recent updates. ATB Cormark Raise
- Positive Sentiment: Desjardins raised its target to C$61.00 and issued a “Buy” — another vote of confidence from sell‑side analysts. Desjardins Raise
- Positive Sentiment: Quebecor reported Q4 / FY2025 results: C$0.99 EPS and C$1.55B revenue, with ROE ~37.4% and net margin ~13% — solid profitability metrics that likely reinforced analyst upgrades. Earnings Release
- Positive Sentiment: Broker consensus summarized as “Moderate Buy” — broader analyst sentiment trending constructive. Consensus Note
- Neutral Sentiment: RBC raised its target to C$57.00 but maintains a “Sector Perform” rating (minimal implied upside). RBC Update
- Neutral Sentiment: National Bank lifted its target to C$57.00 and kept “Sector Perform” — an incremental move with limited directional impact. National Bank Update
- Negative Sentiment: Scotiabank increased its target to C$54.50 but kept “Sector Perform” — the target implies a small downside versus the current price. Scotiabank Update
- Negative Sentiment: TD Securities downgraded Quebecor from “Buy” to “Hold” despite raising its target to C$60.00 — a mixed signal that could temper enthusiasm from some investors. TD Downgrade
Quebecor Company Profile
Quebecor primarily provides mobile and fixed-line telecom services in Quebec where it is the leading telecom provider. With more than 1.8 million internet subscribers Quebecor provides internet service to more than 60% of the homes its network passes. It also has about 1.6 million mobile subscribers representing more than 20% wireless market share in Quebec. In addition to the quadruple-play services Quebecor offers a French-language subscription video on demand service and has a media segment that owns and operates television stations publishes newspapers and magazines and produces and distributes films and television shows.
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